Three recently signed contracts all carry implications for the Vancouver Canucks in the coming years. Only one was signed with Vancouver, but you can bet the other two got their attention.
Let's start with the fun one: Connor Bedard signing on with the Chicago Blackhawks for another five years. At $15 million per year - $9.8 million in bonus money - that's probably a reasonable amount for both sides. Chicago is paying for the future, but after scoring 75 goals and 203 points in his first 219 NHL games, odds are he'll live up to it.
More interesting is that it is only for five years. Bedard has clearly taken a page from Connor McDavid and Auston Matthews, both signing for shorter terms than the maximum eight seasons. McDavid handed the Edmonton Oilers an incredible discount, but only for two seasons. Matthews signed a five-year, then a four-year contract that now has two seasons remaining.
The message with all three is unmistakable. Show me progress, or I walk. And who can blame them? Matthews will be 30 when his deal expires, McDavid 31. Bedard will only be 25, but if Chicago seems to be improving to his liking, he'll likely sign another deal yet.
It looks like he told them of his intention before he signed, as they did what they could to improve the defence the instant free agency opened. Getting someone like Bowen Byram was essential, as Louis Crevier - the defenceman who went the other way - was Chicago's leading defensive scorer last year. It cost them substantially, and they doubled down by doubling Byram's paycheque with a 6 x $12.5 million deal.
They kept adding, giving Cole Smith a 3 x $3 million deal, and Ian Cole $4 million for one year. That's three pieces of the defence replaced, and fr good reason. Giving your kids some ice time is good and all, but Wyatt Kaiser and Anton Levshunov probably shouldn't have had as much as they did. Not just yet, anyway. And having a bodyguard like Jordan Greenway
The bottom line is that after five years of scraping the league floor, it's time to move up. Bedard's deal let them know that in no uncertain terms. And if they do, well, sorry Canucks fans who dreamed of his early return. That probably won't happen in 2031. Call again in 2036.
It's probably not entirely fair to call John Marino "average". He's certainly in the top half of most six-man squads in the league, and top-pair on a few. The Utah Mammoth needed him to step up before they got MacKenzie Weegar out of Calgary, and he did. But a second-pair role is probably where he fits best. Which begs the question: is that where teams should put $6.75 million?
There is a premium for the position as a right-handed defenceman, certainly. And again: he's a perfectly acceptable player. But even with an increasing salary cap, that deal seems a little optimistic. He's not a power play specialist; he hasn't scored five goals in a season since he was a rookie; and he doesn't inspire fear in the opposing forwards. I'm fine with him going out there in the last minute when we're up a goal, but probably not when we're down one.
I'm asking for a friend I happen to know who has a couple young defencemen coming up. They're looking for their second contracts, and frankly, no one's completely sure where they're going to end up as players. Zeev Buium is probably going to be an excellent offensive player; Elias Pettersson the Defenceman will probably be a solid defensive one with a bit of offensive pop. What would $6.75 million on a long-term deal look like to them?
Buium has played one NHL season, and Pettersson just 98 games over two. If the Canucks could get Buium's name on a long-term deal at anything close to Marino's numbers, then his agent is either asleep or has been told to do it. Pettersson might never reach the minutes per game Marino has, but brings very different qualities. In three years, or less, that might well be his number.
Given ownership's reluctance to pay full value right now* the odds of any player being handed a long-term deal seem remote. But if any of them want the stability of an eight-year contract, they'll have to do it before September 16th. And that might be worth waving in front of them.
The Canucks did finally get their man in Abbotsford, signing Ryan Papaioannou this week. Papaioannou has won titles in the AJHL and BCHL, and reached the conference finals in the ECHL last year. That being said, last year was his first year at the professional level. He has a typically short contract, running through 2027-28, but is probably going to get a lot of leeway for those years.
We don't know how much he'll be paid, but that's likely a reason for the short deal, too. If he succeeds with Abbotsford, he's going to want a raise or an opportunity. And fair enough, that's what the AHL is for, both with coaches and players.
The notable thing about this hiring is that apparently the OHL's Coach of the Year, Memorial Cup winner Jussi Ahokas, was interviewed and turned the job down. It had nothing to do with the opportunity, and everything to do with the money. The offer, according to sources, was below what he was making with Kitchner. Ahokas is now with Colorado's AHL squad, and Papaioannou is in Abby.
This definitely tells fans what the team's priorities are for the next few years. Ownership wants cuts, and not just the on-ice payroll. Compared to last season, the team's about $12 million below last year's cap-bumping level. If they want to lower it by another $8-10 million, then that pretty much puts the kibosh on bringing in bad salaries to juice up the return in trades.
Last time Vancouver put saving money as a top priority, the disastrous 2020-21 season was the result. Every free agent was allowed to walk after the COVID-shortened 2019-2020 season, and it showed the next year. What had been an optimistic return to the playoffs and pushing Vegas to seven games became a crash-and-burn return.
This time, the savings are being reflected in off-ice decisions. That's not a great sign, even if Alexander Edler is essentially volunteering to work with the kids. Enthusiasm isn't expertise, and while he played over 1,000 NHL games, that doesn't mean he can teach the skills that let him.
Going to be worth watching. It's one thing to want the prospects to develop, and it's another to pay for it.
*Foreshadowing!
